LS Power Announces Sale of Decatur Energy Center to Capital Power

LS Power Announces Sale of Decatur Energy Center to Capital Power

April 12, 2017

New York, NY – April 12, 2017 — LS Power Equity Advisors, through a private fund it manages, has entered into an agreement with Capital Power Corporation to sell the Decatur Energy Center, subject to regulatory approvals. LS Power Equity Advisors originally acquired the project from Calpine Corporation in 2014 along with five other assets. The sale is expected to close in the Third Quarter of 2017.

About LS Power:

Founded in 1990, LS Power is an employee-owned, independent power company with offices in New York, New Jersey, Missouri, California and Texas. LS Power is a developer, owner, operator and investor in power generation and electric transmission infrastructure throughout the United States. Since inception, LS Power has developed, constructed, managed or acquired more than 39,000 MW of competitive power generation and 560 miles of transmission infrastructure, for which it has raised over $39 billion in debt and equity financing. For more information, please visit www.LSPower.com